Reliance General Insurance Cluster Branch Manager Salaries by 5 Employees

15 - 18 years exp.

₹10 Lakhs - ₹18.2 Lakhs

Low Confidence

Salary of majority employees

At par with the average Cluster Branch Manager Salary in Insurance Companies for 15 - 18 years of experience

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Last Updated: 10 Nov 2023

Companies similar to Reliance General Insurance for Cluster Branch Manager

Company name	Avg Annual Salary	Open Jobs
Canara HSBC Life Insurance Cluster Branch Manager Salary 6 - 15 years exp. (22 salaries)	₹5.5 L/yr - ₹11 L/yr 42% less
ICICI Lombard General Insurance Company Cluster Branch Manager Salary 11 - 18 years exp. (20 salaries)	₹8 L/yr - ₹18.5 L/yr 1% less
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Tata AIG Cluster Branch Manager Salary 10 - 16 years exp. (15 salaries)	₹10.8 L/yr - ₹16.5 L/yr 5% less
Bajaj Allianz Life Insurance Cluster Branch Manager Salary 17 - 20 years exp. (4 salaries)	₹7 L/yr - ₹14.5 L/yr 26% less
HDFC Life Cluster Branch Manager Salary 5 - 11 years exp. (4 salaries)	₹6.7 L/yr - ₹10 L/yr 39% less

Cluster Branch Manager salary at Reliance General Insurance ranges between ₹10 Lakhs to ₹18.2 Lakhs per year for employees with experience between 15 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Reliance General Insurance.

Experience wise Reliance General Insurance Cluster Branch Manager salaries

Last Updated: 10 Nov 2023

Experience	Avg Annual Salary
15+ years (5 salaries)	₹10 L/yr - ₹18.1 L/yr
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Salary related reviews for Reliance General Insurance

2.3

Rated by 3 employees for salary & benefits

Area Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Nov 2023

4.0

for Salary and Benefits

Likes

Depends on the Vertical and Reporting Manager. Bonus, The Remuneration part is very good

Salary - Good

Dislikes

Bonus amount has capping of 6 months. Notice period is 3 months. And Like and Dislikes depend upon the current manager.

Job security - Poor

+2 more

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Jul 2023

2.0

for Salary and Benefits

Likes

Job surity

Dislikes

...ntives criteria. Company shall pay bonus on your based performance of the year. That is no pay such a big amount and company add the clause in your bonus. If you resign before six months company shall recovered your bonus amount.

Salary - Poor

+4 more

Cluster Manager in Kolkata

Sales & Business Development Department

5.0

• posted on 02 May 2022

5.0

for Salary and Benefits

Likes

More then 10 yrs I have worked with RGICL this is not easy to job in single co. For 10 yrs but I m saying heartily this is Exilent co . Working environment is very good ' HR and senior personality is very supportive ' in time of COVOD 19 Co is good support to our employee this is very good co. In GI sector if any body wish to join ' pls join without hesitate

Salary - Excellent

+6 more

Dislikes

# Bonus is good but come to late by 2-3 three months after finishing FY # 6Months bounding after receiving Bonus ' if you change completely Bonus part have to be refund to Co.

Cluster Manager (working remotely)

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Dec 2022

1.0

for Salary and Benefits

Likes

...put you in unnecessary and unagreed employment bond at the time of of appraisal. It's in simple word , when you complete 1 year of hard work and eligible for bonus, they will tell you that you will have a 9 months bond. If you resign then they will hold your 3 months salary and will recover the same, so basically you alhave to serve notice without pay.

Dislikes

Nothing to like

Salary - Bad

+6 more

Sales Manager in Palakkad

Finance & Accounting Department

2.0

• posted on 15 Jun 2022

1.0

for Salary and Benefits

Likes

Of course paying incentives and salary on correct time . During covid time n all full salary was given.

Skill development - Excellent

+2 more

Dislikes

No salary hike as well as promotions,we cant exoect that. Apart from incentive you won’t get a career growth.

Salary - Bad

+1 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Reliance General Insurance Cluster Branch Manager Salary FAQs

What is the salary of Cluster Branch Manager at Reliance General Insurance ?

The average salary of a Cluster Branch Manager at Reliance General Insurance in India typically ranges from ₹10.0 Lakhs to ₹18.2 Lakhs per year, depending on experience (from 15 years to 18 years).

The top 10% of Cluster Branch Manager at Reliance General Insurance earn more than ₹18.2 Lakhs per year, and the top 1% earn over ₹18.2 Lakhs per year. Cluster Branch Manager Salaries at Reliance General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Reliance General Insurance employees in India.

What is the estimated take home salary of a Cluster Branch Manager at Reliance General Insurance in India?

The estimated take-home salary of a Cluster Branch Manager at Reliance General Insurance in India typically ranges from ₹95,972 to ₹98,564 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹18.2 Lakhs per year for employees with experience ranging from 15 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Reliance General Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Cluster Branch Manager in companies similar to Reliance General Insurance in India?

The salary of a Cluster Branch Manager at companies similar to Reliance General Insurance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company	₹8.0 Lakhs to ₹18.5 Lakhs per year
Tata AIG	₹10.8 Lakhs to ₹16.5 Lakhs per year
Bajaj Allianz Life Insurance	₹7.0 Lakhs to ₹14.5 Lakhs per year
HDFC Life	₹6.7 Lakhs to ₹10.0 Lakhs per year
Canara HSBC Life Insurance	₹5.5 Lakhs to ₹11.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Cluster Branch Manager at Reliance General Insurance in India?

The salary growth for a Cluster Branch Manager at Reliance General Insurance depends on factors such as experience, performance, and promotions. On average, a Cluster Branch Manager can expect the following growth trajectory at Reliance General Insurance:

Experience	Average Salary Range
15 years	₹10.0 Lakhs to ₹18.1 Lakhs per year

and so on.

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Reliance General Insurance Cluster Branch Manager Salaries

Reliance General Insurance Cluster Branch Manager salary in India ranges between ₹10 Lakhs to ₹18.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Reliance General Insurance latest salaries received from various employees of Reliance General Insurance.